<\/a><\/p>\nAn agile and collaborative supply chain can make all of the difference in meeting consumer demand and optimizing sales. A typical sourcing transaction involves 5 to 15 different parties and keeping all parties synchronized at all times has always been a hassle. Traditional methods of communicating are slow and inefficient \u2013 and cannot keep up with the changes occurring on the front-end. Cloud technology enables a collaborative model for the supply chain to enable all parties to communicate and transact in real time. With the right strategy, technology and support, your supply chain can move at the speed of the modern consumer. And that\u2019s essential for optimizing your bottom line.<\/p>\n
“Instead of sending separate updates to multiple trading partners regarding changes to an order a collaborative model for the supply chain allows brands and retailers to post their updates in one place where they are viewable by the entire supply chain network. This is the same network model of Facebook LinkedIn Pinterest etc. extended to your supply chain network.”<\/p>\n
“Cloud technology enables a collaborative model for the supply chain to enable all parties to communicate and transact in real time. Brand can obtain discounts from suppliers in exchange for delivering payments quickly, and pays duty on a lower invoice value. Suppliers obtain capital they need within days at rates 20 30% lower than local financing.”<\/p>\n","protected":false},"excerpt":{"rendered":"
For brands, retailers and their trading partners today, meeting ever-changing consumer demand while preserving margins requires a new level of domestic and global supply chain excellence. Today\u2019s fast moving omni-channel world requires orchestration of all moving parts of the supply… <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[63],"tags":[102,101,9],"_links":{"self":[{"href":"https:\/\/blog.rai.net.in\/wp-json\/wp\/v2\/posts\/1152"}],"collection":[{"href":"https:\/\/blog.rai.net.in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.rai.net.in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.rai.net.in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.rai.net.in\/wp-json\/wp\/v2\/comments?post=1152"}],"version-history":[{"count":5,"href":"https:\/\/blog.rai.net.in\/wp-json\/wp\/v2\/posts\/1152\/revisions"}],"predecessor-version":[{"id":1311,"href":"https:\/\/blog.rai.net.in\/wp-json\/wp\/v2\/posts\/1152\/revisions\/1311"}],"wp:attachment":[{"href":"https:\/\/blog.rai.net.in\/wp-json\/wp\/v2\/media?parent=1152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.rai.net.in\/wp-json\/wp\/v2\/categories?post=1152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.rai.net.in\/wp-json\/wp\/v2\/tags?post=1152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}